BOJ'S TAMURA: I have consistently indicated that Japan's neutral interest rate is around 1%, although estimates vary depending on the measurement method.
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BOJ'S TAMURA: Once the BOJ's policy rate goes above 1%, the stimulative impact of monetary policy is expected to gradually diminish.
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BOJ'S TAMURA: Even with further rate hikes, overall monetary conditions are likely to stay accommodative.
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BOJ'S TAMURA: Interest rates still have some way to go before reaching a level considered neutral for the economy.
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BOJ'S TAMURA: So far, past interest rate increases have had only a limited effect on Japan's economic activity.
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BOJ'S TAMURA: There is a strong possibility that by this spring, inflation will have stabilized around 2%.
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BOJ'S TAMURA: The final factor in assessing whether the BOJ's price target is met is observing if inflation has become embedded.
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BOJ'S TAMURA: Core inflation is gradually rising and is approaching a level that could be considered embedded.
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BOJ'S TAMURA: The BOJ is likely to continue adjusting interest rates in line with improvements in economic and price conditions.
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BOJ'S TAMURA: Wage growth is projected to reach levels that align with the 2% inflation goal this year.
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BOJ'S TAMURA: Japan's output gap is already positive, with limited supply capacity putting upward pressure on prices.
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BOJ'S TAMURA: Food prices are expected to keep rising in the near term.
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BOJ'S TAMURA: While consumer inflation is stabilizing, careful monitoring is needed due to the recent yen weakness.
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BOJ'S TAMURA: We are currently reviewing multiple data points to determine whether Japan can achieve a smooth landing toward the price target.
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BOJ'S TAMURA: It may be possible to confirm that the BOJ's price goal has been met as early as this spring.
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The 10-year JGB yield eased earlier drops to remain unchanged at 2.23%.
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The 5-year JGB yield eased earlier drops to remain unchanged at 1.7%.
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Emirates says operations to and from Algeria are running as planned, with no current disruptions.
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Emirates confirms it will follow any mandates or guidance issued by authorities.
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Concerns over oversupply grew as iron ore declined for the third day, driven by increasing Chinese inventories and higher production from Vale-bbg
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JPMorgan reduces its Coinbase Global target price from $290 to $252.
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